Exodus Venture Capital Ltd Assignment Example | Topics and Well Written Essays - 1500 words

Exodus Venture Capital Ltd - Assignment Example References 9 Exodus Venture Capital Ltd: Investment Decision Introduction Every business that comes into existence has some objective. While for non-profit organizations, these might be service to humanity and meeting basic needs of communities, for commercial enterprises it is most certainly the profit motive that is the focus of attention for the owners and management. We see that both Brindley Ltd. and Haines Ltd. are in the same industry sector of building materials. It thus makes sense to compare results of those companies that are in the same industry sector and therefore are faced with the same opportunities and threats from the external environment. Meanwhile the internal structure and organization of a particular firm would signify its strengths and weaknesses. Industry averages as computed by financial dailies like the Financial Times and rating agencies such as Dunn & Bradstreet, Standard and Poor and Value Line can also serve as a good baseline by which to compare and con trast the results of a particular firm (Weston et al, 2006, 73). The Importance of Financial Ratios In the absence of further information, financial ratios are a good way of determining the financial health and viability of a business enterprise. In other words, they give us a picture of the status of the business at a certain point in time. It has been agreed by the business and financial community that certain types of ratios are important to different stakeholders the world over. Thus we have different types of ratios as well such as liquidity ratios, profitability ratios, investment ratios etc. Debtors, creditors or investors, all these parties are interested in whether the business enterprise in question will be able to repay them their outstanding or give suitable returns on the capital invested in the business. Ratio analysis not only gives us a good idea of this possibility but also a comparative picture of how the firm is doing in comparison to others in the same industry s ector (Meigs & Meigs, 1993, 793). Thus popular websites such as Yahoo Finance not only have details of stock prices, fluctuations and ratios but also a comparison with industry averages. Such comparisons help us reflect not only on company performance but policy as well. For example the company might have too lenient a credit policy which might create stuck up loans and liquidity problems. It may find it difficult to attract additional funds from the public via share issue if it has a poor record of dividend declaration and payment. Types of Financial Ratios The most common types of financial ratios are as follows: 1. Short Term Solvency/ Liquidity Ratios 2. Long Term Solvency/ Debt Equity Ratios 3. Profitability Ratios 4. Asset Utilization Ratios 5. Investment Ratios (Rao, 1992, 112) Evaluation of Brindley Ltd. & Haines Ltd. Using Financial Ratio Analysis Short Term Solvency/ Liquidity Ratios 1. Current Ratio= Total Current Assets / Total Current Liabilities For Brindley Ltd. : ? 9 10,000 / 520,000 = 1.75: 1 For Haines Ltd. : ? 1050,000 / 600,000 = 1.75: 1 Incidentally, both companies have the same liquidity ratio so it seems both are equally preferred from the viewpoint of ratio analysis. 2. Quick/ Acid Test Ratio= Total Current Assets – Inventories – Trade Rec./ Total Current Liabilities For Brindley Ltd. : ? 60,000 / 520,000 = : 0.115: 1 For Haines Ltd. : ? 50,000 / 600,000 = 0.083: 1 Here we can see that Brindley Ltd. is in a slightly better position than Haines Ltd. However both firms would be unable to settle their

Exam, Culture Essay Example | Topics and Well Written Essays - 1500 words

Exam, Culture - Essay Example Colonialism has few advantages like it is an expansion of religion, culture and expansion of country. While disadvantage is law enforcement, may result in unrest. The term Orientalism appeared in 19th century, it is the study which colonial powers do, so that they fully understand the culture of the area to be ruled, in order to have full knowledge of their lifestyle and language to have full control. Orientalism is the scholarly perception of Asians in West. The orient became a western concept, Orientalism a tool to control and manipulate. For example, when British ruled India they never let Hindus and Muslim come closer to each other because they always had religious differences, while British used the policy of divide and rule. No culture of the world has the power of remain same; every culture is prone to changes. Some people in a culture may remain use the traditional way of living but not everybody in culture has this strong control. So when culture inherently allows changes, the elements of culture keep changing slowly or in result to correspond to pre-industrial societies. Next, change can take place even if some important cultural elements still evolve slowly. Generally speaking, societies in transition to industrialization, colonialism or imperialism have this type of cultures. So this kind of cultures has allowed notable changes during the last 25 years. They correspond to confirmed industrial societies and, mainly, the post-industrial ones. For example, in subcontinent the Hindus and Muslims have lived together for so many years, so now they have so much in common like language, fashion, politics and studies. Indian Cinema: India has one of the largest cinemas in the world with the production of almost 1200 movies per year. Largest regional cinemas are Bollywood, Bengali Cinema and Tamil cinema while small cinemas include Kannada cinema, Malayalam cinema, Marathi cinema and Telugu cinema. Indian cinema makes movie on serious content, realism and naturalism. Indian Cinema has also made its name popular world wide in parallel cinema. Bollywood and Hollywood: Bollywood: Bollywood is the name given to the Indian film industry, just like Hollywood but the B of Bollywood comes from Bombay, a big city in India. Bollywood claims to be the largest of the world with the production of 800 movies a year. The typical Bollywood movie is about the boy who falls in love with a girl and then there is a villain plus a comedy sidekick. The film also includes a lot of colors with all the songs and dances with a lot of costumes. Hollywood: Hollywood is the film industry of the United States of America in Los Angeles. It started with a silent movie in the year 1830. Hollywood is the most popular cinema of the world. There are four main periods of Hollywood, silent film era, classical Hollywood cinema, New Hollywood and contemporary period (after 1980). Critique of cultural purity (authenticity): Cultural purity is one of the oldest concept in which that Humanists used to believe one day the Roman Empire will rise again for the restoration of classic cultural purity, and so by the late 14th and early 15th century, humanists likeLeonardo Bruni believed they had attained this new age, and that a third,Modern Agehad begun. So the cultural purity is now a concept which is now considered a myth now as it is impossible